Laurel Road Bank Salary

How much does the Laurel Road Bank Pay for employees?

As of August 2026, the average hourly salary for employees at Laurel Road Bank in the United States is $55. This translates to an approximate annual wage of $114,530. Salaries at Laurel Road Bank typically range from $48 to $62 hourly, reflecting the diverse roles and experience levels within the company. Laurel Road Bank’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Laurel Road Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Laurel Road Bank. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Laurel Road Bank

Ready for your next career move? Explore current job openings at Laurel Road Bank. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Laurel Road Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Laurel Road Bank’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Laurel Road Bank
Financial Services
Savings Bank of Danbury
Machias Savings Bank
Industry Comparison
Our data shows that, on average, compensation at Laurel Road Bank is below the average for the U.S. Financial Services industry by approximately 6%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Laurel Road Bank average annual salary with several similar companies. Laurel Road Bank average salary of $114,530 is higher than Savings Bank of Danbury, which has an average salary of $110,111. It is higher than Machias Savings Bank, with their average salary at $93,424. This places Laurel Road Bank in a competitive position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Employee Reviews: Working at Laurel Road Bank

Considering a career at Laurel Road Bank? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
IT upgrades are rolled out with excellent training. Diverse, inclusive workplace that respects all voices. Knowledge sharing happens organically. Working here means being part of an innovative and forward-thinking company.
Managers are supportive and accessible. While compensation is fair, the work environment can suit those seeking rapid career progression or dynamic innovation. The benefits are competitive, and the work is meaningful. With professionals united by this mission, every decision is made with clients' best interests in mind. I’ve experienced steady career growth thanks to thoughtful management and an e...
Management is reliable but rarely involved in day-to-day decisions. The company invests heavily in employee development, offering extensive training programs and mentorship opportunities. Teams work seamlessly together, leveraging diverse expertise to solve complex financial challenges. Training is offered it is well organized. Team dynamics depend heavily on the manager.

Laurel Road Bank Overview

Website
www.laurelroad.com
Founded In
2006
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
1001 Post Rd Darien Connecticut CT 06820
Revenue
$50 Million - $200 Million
Phone Number
+1 2123524651
Social Media
About Laurel Road Bank
Founded in 2013, Laurel Road Bank is a banking company that specializes in providing loans. They are based in Darien, Connecticut.

What Benefits Does Laurel Road Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Laurel Road Bank offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Bridgeport?

Understanding the cost of living near Bridgeport is key to truly evaluating a salary offer or your current compensation at Laurel Road Bank.
Bridgeport's Cost of Living Index is approximately 109.8 (9.8% more expensive than US average; 1.9% more than CT average). Largest CT city, more affordable housing than Fairfield County, but overall costs above US avg. GBT bus, Metro-North. When planning your budget based on a salary from Laurel Road Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Laurel Road Bank salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 (High heating/electric) Electricity, Heating, Cooling, Water etc.
Public Transportation $63 (GBT 31-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,723 - $4,223+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Laurel Road Bank

1. What is the average salary for employees at Laurel Road Bank?

The average total compensation for employees at Laurel Road Bank is approximately $55 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $48 to $62 per hour, depending on factors like job role, experience, and location.

2. How much does Laurel Road Bank pay compared to Savings Bank of Danbury?

The average annual salary at Laurel Road Bank is $114,530, or an hourly wage of $55, in comparison to Savings Bank of Danbury which pays $110,111 per year or $53 per hour.

3. What is the lowest salary at Laurel Road Bank?

The lowest-paying job at Laurel Road Bank is a Director, Quality Engineering with a salary of $84 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Laurel Road Bank?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Laurel Road Bank for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Laurel Road Bank offer cost-of-living adjustments (COLA) for employees in high-cost areas like Bridgeport?

While some companies offer formal COLA, many, including potentially Laurel Road Bank, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Laurel Road Bank?

Most companies, likely including Laurel Road Bank, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.